Colorado residents entering the estate planning process may wonder how they should choose an executor. An executor is the person who will carry out the instructions and wishes of the deceased, and he or she is usually chosen upon completion of a will. Deciding who...
Estate planning mistakes to avoid after divorce
According to UBS Global Wealth Management, 56 percent of married women leave financial decisions to their spouses. Therefore, women in Colorado and throughout the country who get divorced may find managing their money to be a difficult task. When ending a marriage, it...
Long-term care involves careful planning
While it is understandable to want to remain in your home as long as possible, according to some researchers, most people will need some form of long-term care as they age. Planning for this costly contingency can be challenging, and you may already be noticing signs...
Estate planning for education
Many people use an estate plan to set aside assets to fund an education for their descendants. Colorado residents can start planning for their loved ones' education by completing certain legal documents. Terms can be included in a will to detail how certain assets...
